Web Ref CL10541
Prime High-Yield Retail Investment – Fully Let Centre in Belhar
An exceptional opportunity to acquire a fully tenanted retail centre in the heart of Belhar, anchored by USAVE, a well-established and high-footfall national retailer that drives consistent customer traffic to the centre.
The property comprises approximately 2,382sqm of gross lettable area and is supported by a mix of multiple smaller line-shop tenants, creating a diversified and resilient income stream. In addition, the asset benefits from telecoms towers on long-term leases, providing further stable, annuity-style income.
Strategically positioned along a busy arterial route, the centre services a dense, low-LSM residential catchment, ensuring strong and ongoing demand from essential retail tenants. This defensive retail positioning enhances the long-term sustainability of the income.
From an investment perspective, the property is highly efficient, with the landlord recovering the majority of operating costs. The only expense for the owner is insurance, resulting in a clean, near net income stream.
Key Investment Highlights:
Fully let retail centre with USAVE as anchor tenant
Multiple smaller tenants ensuring income diversification
Additional income from telecoms towers on long-term leases
Servicing a strong, low-LSM consumer base
Minimal landlord expenses (insurance only)
Strong projected return with a 9% – 10% cap rate
Reasonable, market-related offers will be considered.
This is a rare opportunity to secure a high-yield, low-maintenance retail asset with strong fundamentals and long-term income stability.
Contact me today to discuss further or arrange a viewing.
The property comprises approximately 2,382sqm of gross lettable area and is supported by a mix of multiple smaller line-shop tenants, creating a diversified and resilient income stream. In addition, the asset benefits from telecoms towers on long-term leases, providing further stable, annuity-style income.
Strategically positioned along a busy arterial route, the centre services a dense, low-LSM residential catchment, ensuring strong and ongoing demand from essential retail tenants. This defensive retail positioning enhances the long-term sustainability of the income.
From an investment perspective, the property is highly efficient, with the landlord recovering the majority of operating costs. The only expense for the owner is insurance, resulting in a clean, near net income stream.
Key Investment Highlights:
Fully let retail centre with USAVE as anchor tenant
Multiple smaller tenants ensuring income diversification
Additional income from telecoms towers on long-term leases
Servicing a strong, low-LSM consumer base
Minimal landlord expenses (insurance only)
Strong projected return with a 9% – 10% cap rate
Reasonable, market-related offers will be considered.
This is a rare opportunity to secure a high-yield, low-maintenance retail asset with strong fundamentals and long-term income stability.
Contact me today to discuss further or arrange a viewing.
Features
Zoning
Retail
Exterior
Security
No
Sizes
Floor Size
2,382m²
Land Size
2,382m²
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